| Index | Redland | Maryland | National |
| Cost of living | 143 | 121 | 100 |
| Groceries | 104 | 105 | 100 |
| Health care | 112 | 109 | 100 |
| Housing | 220 | 151 | 100 |
| Transportation | 115 | 109 | 100 |
| Utilities | 112 | 108 | 100 |
| Lifestyle & Entertainment | 108 | 109 | 100 |
| Household Items | 107 | 105 | 100 |
| Education & Childcare | 119 | 112 | 100 |
Getting a feel for the cost of living in Redland is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Redland is 143, which is 43% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If you value affordability in your search for a new place to live, Redland may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Redland falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs make up a big chunk of the cost of living in Redland, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 120.1% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Redland affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Redland, for instance, where the median home price falls 133.8% higher than the national average, and monthly rent rates are 88.1% higher than usual. Additionally, median income levels contribute to the equation, with Redland flaunting a median household income of $180,412, 121.8% higher than the national norm.
Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Redland, healthcare costs are 12.1% higher than the national average.
Subsidies: Some cities and states may extend government subsidies or aid programs aimed at reducing the cost of living for their residents. These initiatives encompass diverse forms of support, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Regions with limited subsidy provisions may witness an increase in their overall cost of living.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Redland, the groceries index is 3.6% higher than the national average.
The cost of living data for Redland shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $193,883 | $16,157 | $4,524 | $5,817 |
| Renters | $116,741 | $9,728 | $2,724 | $3,503 |
| State | General Sales Tax | With Max Surtax |
| Maryland | 6% | 6% |
| State | Income Tax (Low) | Income Tax (High) |
| Maryland | 2% | 5.75% |
| City | Population | Cost of Living Index | National Avg. |
| Cottage City, MD | 1,193 | 105 | 5.5% |
| Landover, MD | 23,705 | 115 | 15.3% |
| Greenbelt, MD | 23,942 | 117 | 16.6% |
| Langley Park, MD | 19,837 | 118 | 17.9% |
| Leisure World, MD | 9,569 | 119 | 19.1% |
| Redland, MD | 18,022 | 143 | 43.3% |
| City | Population | Cost of Living Index | National Avg. |
| Marion, IL | 18,022 | 89 | 11.0% |
| Parole, MD | 18,012 | 146 | 46.1% |
| Hermiston, OR | 18,009 | 105 | 5.0% |
| Bostonia, CA | 18,008 | 141 | 40.9% |
| Centralia, WA | 18,008 | 105 | 4.8% |
| Redland, MD | 18,022 | 143 | 43.3% |
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